641 Arnold Road

Industrial for Sale
Catylist Listing ID: 30402572
Property Subtypes: Flex Space, Free-Standing, Mixed Use, Light Industrial, Warehouse/Distribution
Building Size (RSF): 6,500 SF
Gross Land Area: 21,780 SF
Sale Price: $449,900
Unit Price: $69.22 PSF
Ceiling: 17 ft. Clear
Docks/Doors: 1 Door
Office SF: 2,000 SF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/8/2019

Overview / Comments

Prime location in the Centre of New England. Building has many possibilities. Located just off of I-95 exit 7. Existing use has 6,500 sq. ft. total floor area which includes office and large mezzanine storage area. 17-20 ft ceilings, garage door at ground level. Loading dock possibility on south side of building. Mezzanine was engineered to hold an 8,000 lb machine.

Additional Details

Nearest MSA: Providence-Warwick
County: Kent
Tax ID/APN: CO 7 21.1
Property Located Between: Arnold Rd and Gay Street
Highway Access: A few hundred yards from I-95 North & South
Airports: TF Green - Providence
Site Description: 1/2 acre parcel to all four corners. Shared access easement between this building and the building to the west.
Area Description: Located adjacent to the busy Centre of New England Complex.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 4,000 SF
Property Condition: Average
Year Built: 1989
Roof Type: Flat
Construction/Siding: Concrete, Metal Siding, Steel Frame
Exterior Description: Steel Frame and steel exterior. Some window seals need repair.
Parking Type: Surface
Parking Description: Ground level parking on all 4 sides of this building.
Total Parking Spaces: 25
Volts: 440
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Lighting: Fluorescent
Internet Access: Cable
Interior Description: 2,000 sq. ft. (+/-) of office space. 3 lavettes, one shower, kitchen break room. Large mezzanine for storage was engineered for 8,000 lb machine. Main floor area, high ceilings, 8' garage entry.
Zoning Description: Industrial (NEC)
Lot Frontage: 150
Lot Depth: 200
Easements: Ingress/Egress, Utilities
Easements Description: Common access easement - utility easement for overhead wires & gas service.
Legal Description: See attached exhibit "A"

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,652 48,611 104,390
Median Age: 41.47 42.53 42.75
Households: 1,083 20,572 43,769

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